Public Analysis of Investments and Sustainability Evaluation
ReNew raises $400 million by issuing Green Bonds
Gurugram, India, January 07, 2022: ReNew Energy Global Plc (“ReNew” or “the Company”) (NASDAQ: RNW, RNWWW), India’s leading renewable energy company, today announced that India Clean Energy Holdings, a Mauritian entity, and a wholly owned subsidiary of ReNew Energy Global Plc (the parent company of ReNew Power Private Limited), has raised US$400 million at 4.5% by issuing senior secured dollar notes. The dollar notes are certified green bonds by Climate Bond Initiative and will be listed on the Singapore Exchange (SGX). These Green Bonds have a tenor of 5.25 years. This is the first High Yield issuance out of the ASEAN and South Asian regions in 2022. These notes were subscribed to by investors from the US and Asia at about 40% each and the balance by EMEA-based investors. The bulk of notes were subscribed to by long-only fund managers and pension funds. So far the Company, through its subsidiaries, has raised in excess of US$ 3.5 billion across eight such issuances, of which seven are outstanding. Read More
Scroll to Top